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MTU Procedures Manual

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Chapter 21. Public Safety
Section 21.1. Campus Traffic Regulations

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21.1.1. Insurance

Definition

Bailment: To deliver in trust to another for a special purpose and for a limited period.

Personal Insurance: Insurance coverage by the owner of the vehicle to protect them against any damage or loss.


Policy

The University is not responsible for any loss or damage to any personal vehicle driven or parked on University property or the contents thereof. It is recommended that owners carry personal insurance to cover such losses. Any permit to park is a license and does not create a bailment. Driving and parking on University property is at the owner's and/or driver's own risk.

History
Adopted: 02/19/2001

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Last Revised: 15 January 2002 - activated Search Engine
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Copyright © 2001-2002. Michigan Technological University. All Rights Reserved.
Address questions to: policy@mtu.edu.